caa a22 4500 467980829 CHVBK 20180323112518.0 cr unu---uuuuu 170328e19900601xx s 000 0 eng 10.1007/BF02706366 doi (NATIONALLICENCE)springer-10.1007/BF02706366 Financial- market effects of Federal Government budget deficits: Comment [Elektronische Daten] [Jakob de Haan, Dick Zelhorst] Conclusion: In this comment we have demonstrated that Cebula's estimation results depend upon the choice of the sample period and the chosen interest rate. It is also argued that estimation results with non-stationary variables are unreliable. We have chosen an alternative model specification and have shown that the results change remarkably. Institut fur Weltwirtschaft an der Universitat Kiel, 1990 de Haan Jakob aut Zelhorst Dick aut Weltwirtschaftliches Archiv Springer-Verlag 126/2(1990-06-01), 388-392 0043-2636 126:2<388 1990 126 10290 https://doi.org/10.1007/BF02706366 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF02706366 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- de Haan Jakob aut NATIONALLICENCE 700 1- Zelhorst Dick aut NATIONALLICENCE 773 0- Weltwirtschaftliches Archiv Springer-Verlag 126/2(1990-06-01), 388-392 0043-2636 126:2<388 1990 126 10290 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer